Core Insights - Analysts forecast Block (XYZ) will report quarterly earnings of $0.59 per share, reflecting a year-over-year decline of 36.6% and revenues of $6.32 billion, which is an increase of 2.6% compared to the previous year [1] - The consensus EPS estimate has been revised 7.7% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [2] - The consensus estimate for Gross Payment Volume (GPV) is projected at $66.11 billion, up from $61.94 billion reported in the same quarter last year [8] Revenue Estimates - Revenue from Subscription and services-based is expected to reach $2.03 billion, indicating a year-over-year change of +13.8% [4] - Revenue from Hardware is projected at $40.26 million, reflecting a decline of -6.3% from the prior-year quarter [5] - Transaction-based revenue is anticipated to be $1.81 billion, suggesting a year-over-year increase of +5.8% [5] - Bitcoin revenue is expected to be $2.52 billion, indicating a year-over-year decline of -3.4% [5] - Cash App Transaction-based revenue is estimated at $69.47 million, reflecting a significant decline of -29.8% year over year [6] - Square Transaction-based revenue is projected to reach $1.74 billion, indicating a year-over-year increase of +7.9% [6] - Square Subscription and services-based revenue is expected to be $369.92 million, reflecting a year-over-year increase of +14.7% [7] - Square Total revenue is projected at $2.16 billion, indicating a year-over-year increase of +8.9% [7] - Corporate and Other Total revenue is expected to reach $52.41 million, reflecting a year-over-year increase of +10.9% [7] - Cash App Bitcoin revenue is projected at $2.51 billion, indicating a year-over-year decline of -3.7% [7] Market Performance - Over the past month, Block shares have recorded returns of +6.9%, outperforming the Zacks S&P 500 composite's +0.6% change [8]

Core Insights - The company, Yika (09923.HK), has successfully completed the registration of its wholly-owned subsidiary Yeahpay Japan Limited as a credit card number and contract establishment business operator in Japan [1] - The company has also passed the Payment Card Industry Data Security Standard (PCI DSS) certification, which is a global security standard for handling credit card data from major brands like Visa, Mastercard, and American Express [1] - This certification allows the company to conduct online and offline QR code payment processing in Japan, significantly enhancing its business momentum and strategic positioning in the Japanese payment market [1]

Group 1 - The core point of the article is that Yika (09923.HK) has successfully registered its wholly-owned subsidiary Yeahpay Japan Limited as a "credit card number and contract conclusion business operator" under Japan's Installment Sales Act, receiving formal approval from the Ministry of Economy, Trade and Industry of Japan [1] - This approval signifies the further expansion of Yika Group's global payment footprint, enhancing business synergy with payment licenses obtained in other overseas countries [1] - The new registration will enable the company to provide convenient and efficient payment services to more overseas merchants and consumers [1]

Group 1 - The company, Yika (09923), has successfully completed the registration as a "credit card number contract business operator" under Japan's "Payment Services Act" through its wholly-owned subsidiary Yeahpay Japan Limited, receiving official approval from the Ministry of Economy, Trade and Industry of Japan, marking an expansion of its global payment footprint [1] - This approval will create strong business synergies with other overseas payment licenses obtained by the company, enabling the provision of convenient and efficient payment services to more overseas merchants and consumers [1] - The company has also successfully passed the global security standard certification set by the Payment Card Industry Data Security Standard (PCI DSS), obtaining the relevant AOC compliance certificate, which allows it to conduct online and offline QR code payment processing in Japan [1] Group 2 - The company plans to leverage its existing business foundation and the advantages of its localized sales and product teams established in Japan, in collaboration with investment enterprise Shenzhen Fushi Technology Co., Ltd., to gradually expand more payment and value-added service scenarios [2] - By enhancing the synergy between different business lines, the company aims to strengthen its commercialization capabilities locally, providing one-stop digital business empowerment solutions for merchants across various countries and regions [2]

Core Insights - Visa is expanding its settlement platform to support two additional USD stablecoins: Global Dollar (USDG) and PayPal Dollar (PYUSD), as well as two blockchain networks, Stellar and Avalanche, and a Euro-backed stablecoin, EURC [1] Group 1 - Visa's global growth products and strategic partnerships head, Rubail Birwadker, stated that the company is building a multi-currency and multi-chain infrastructure to meet the needs of global partners [1] - The company believes that when stablecoins are trusted, scalable, and interoperable, they can fundamentally change the way currency flows globally [1]

Core Viewpoint - The article highlights the increasing presence of foreign tourists in Shanghai due to the city's efforts to enhance its inbound tourism experience, particularly through improved payment and transportation services [1][2]. Payment Services - Shanghai has a mobile payment penetration rate exceeding 95%, significantly higher than the global average, which is about three times lower than China's [4]. - The Shanghai government has implemented a comprehensive plan to enhance payment services for inbound tourists, aiming for full coverage of foreign card POS services in key commercial and tourist areas by 2024 [4][5]. - In Q1 2025, mobile payment transactions involving foreign cards in Shanghai reached nearly 20 million, amounting to 2.8 billion yuan, with year-on-year growth of 171% and 160% respectively [5]. - The city is developing a multi-layered payment service system that includes options for large card payments, small QR code payments, and cash transactions to optimize the payment experience for foreign visitors [7]. Transportation Services - Shanghai's public transportation has seen significant upgrades, including the expansion of UnionPay card contactless payment across the entire metro network, allowing for seamless travel for both domestic and international cardholders [9]. - The launch of the "Easy Go" platform provides a one-stop service for inbound tourists, integrating various travel-related services such as food delivery, transportation, and ticket booking [9]. - The city's bilingual signage has received positive feedback from foreign tourists, enhancing their travel experience and navigation [10]. Overall Experience - Shanghai is focused on creating a comprehensive and convenient travel experience for foreign visitors through improved payment systems, transportation services, and customer support [10].

格隆汇7月31日｜万事达2025年Q2营收81亿美元，去年同期70亿美元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 WellCell Holdings Co., Limited （於開曼群島註冊成立的有限公司） 經緯天地控股有限公司 （股份代號：2477） 有關 業務更新自願公告 的補充公告 茲提述經緯天地控股有限公司（「本公司」）日期為2025年7月21日的公告（「該公告」），內容有關 推出本公司自主開發的全球穩定幣貨幣支付平台之業務更新自願公告。除另有所指外，本公 告所用詞彙與該公告所界定者具有相同涵義。 經緯天地新世紀已與主要託管人和卡片發行合作夥伴簽訂服務合約，分別為用戶提供資 產託管和預付卡發行服務，主要託管人已與分託管人簽訂服務合約，為用戶的數字資產 提供分託管安排。 主要託管人和分託管人各自擁有由香港公司註冊處發出的香港信託及公司服務提供者牌 照，為用戶提供託管及分託管服務。而卡片發行合作夥伴持有香港海關發出的金錢服務 經營者牌照，可向用戶提供預付卡發行及貨幣服務。 據董事作出一切合理查詢後所深知、全悉 ...

季度净收入表现超预期，稳定币战略夯实平台壁垒 [Table_Title] 研究报告 Research Report 31 Jul 2025 3QFY25 Net Revenue Beats Expectations, Stablecoin Strategy Reinforces Platform Moat 寇媛媛 Yuanyuan Kou 陈芳园 Ashley Chen yy.kou@htisec.com ashley.fy.chen@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] (Please see APPENDIX 1 for English summary) 事件：VISA 于 7 月 30 日发布 3QFY25（2025 年 4 月-6 月）业绩。 净收入表现超公司预期，增值服务收入增速强劲。2025 财年第三季度，VISA 实现净收入 102 亿美元，同比增长 14%，表现超出公司预期，主要得益于客户激励减少、外汇不利因素减弱以及增值服务收入增加；EPS 同比增长 23%，同样超出公司预期，主因净营收的强劲增长。按收入组 ...

Core Insights - Evertec reported revenue of $229.61 million for the quarter ended June 2025, reflecting an 8.3% increase year-over-year and a surprise of +3.48% over the Zacks Consensus Estimate of $221.88 million [1] - The company's EPS for the quarter was $0.89, up from $0.83 in the same quarter last year, with an EPS surprise of +3.49% compared to the consensus estimate of $0.86 [1] Revenue Breakdown - Payment Services - Puerto Rico & Caribbean generated $56.42 million, exceeding the three-analyst average estimate of $55.39 million, with a year-over-year change of +4.1% [4] - Payment Services - Latin America reported revenues of $86.06 million, surpassing the average estimate of $80.78 million, marking a year-over-year increase of +15.3% [4] - Corporate and Other revenues were reported at -$24.68 million, slightly better than the average estimate of -$25.32 million, with a year-over-year change of +0.6% [4] - Business Solutions revenues reached $64.52 million, compared to the average estimate of $63.29 million, reflecting a +3.5% year-over-year change [4] - Merchant Acquiring, net revenues were $47.29 million, slightly below the average estimate of $47.57 million, with a year-over-year increase of +4.4% [4] Stock Performance - Over the past month, Evertec's shares have returned -9.3%, contrasting with the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]